Funding you earn now, next payment 04:00 UTC+0.2765%/8h= +302.8% APRnext payment +$3.46 per $10,000 · paid last 24h +0.715%
Price spread now: Kraken Futures against Extended+0.068%7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs+$219as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$560.562% of the position
Funding, last 7 days+2.748%+$275 on $10k
+Price spread, last 4 days (all we have)−0.926%−$93 · spread now +0.068%, 7d avg +0.044%
=Together, before fees+1.822%+ Points / potential airdropExtended: Active · farm board+$182 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$83 a day on $10k at the current rate, and Kraken Futures is 0.024% dearer against Extended than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.044%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended TECH100m-USD | 30,580.2 | 0.0032 | pay 0.0004% / 1h | 7m 47s | $2.0M | $5.7M | 20x |
| Short | Kraken Futures PF_US100USD | 30,601.1 | 0.2797 | get 0.0350% / 1h | 7m 47s | $131K | $129K | 20x |
Extended TECH100m-USD
Kraken Futures PF_US100USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Extended. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $580.72
- Price spread: +0.068% → +0.044%
- $2.41
- Slippage, 4 orders
- −$41.21
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $526.92
- Costs to cover
- 0.562%
- Break-even
- 0.6 days
Slippage from Extended: live order book, 1 min ago; Kraken Futures: live order book, 49 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Extended live order book, 1 min ago | 0.82 bp | 3.6 bp −$4 | 8.0 bp −$80 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 49 min ago | 4.57 bp | 34.2 bp −$34 | 87.3 bp −$873 | doesn't fit | doesn't fit |
NAS100 on 15 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_NAS100_USDC | −0.0212% | 8h | 30,567.2 | −0.042% | $102K | $38K | 20x | as long as short |
| Gate NAS100_USDT | −0.0200% | 8h | 30,544.7 | −0.116% | $1.9M | $3.7M | 100x | as long as short |
| MEXC NAS100_USDT | −0.0106% | 8h | 30,579 | −0.004% | $24.8M | $19.8M | 200x | as long as short |
| OKX US100-USDT-SWAP | 0.0000% | 8h | 30,550 | −0.099% | $263K | $380K | 20x | as long as short |
| Bitget NDX100USDT | 0.0000% | 8h | 30,558 | −0.072% | $3.5M | $633K | 50x | as long as short |
| Bullet US100-USD | 0.0000% | 1h | 30,578 | −0.007% | $2K | $89K | 10x | as long as short |
| Phemex NAS100USDT | 0.0000% | 4h | 30,538.8 | −0.135% | $1.4M | $183K | 10x | as long as short |
| QFEX US100-USD | +0.0001% | 1h | 30,577 | −0.010% | $1.3M | $1.4M | 30x | as long as short |
| Lighter US100 | +0.0032% | 1h | 30,574 | −0.020% | $3.8M | $96.6M | 30x | as long as short |
| Extended TECH100m-USDlong | +0.0032% | 1h | 30,580.2 | long leg | $2.0M | $5.7M | 20x |
Orderly PERP_NAS100_USDC
Gate NAS100_USDT
MEXC NAS100_USDT
OKX US100-USDT-SWAP
Bitget NDX100USDT
Bullet US100-USD
Phemex NAS100USDT
QFEX US100-USD
Lighter US100Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest NDX-USD-PERP | +0.0046% | 1h | 30,865.4 | +0.933% | — | $199.4M | 50x | as long as short |
| Paradex US100-USD-PERP | +0.0050% | 8h | 30,572.9 | −0.024% | — | — | 5x | as long as short |
| Polymarket Perps NAS100-USD | +0.0050% | 1h | 30,577 | −0.010% | $7.2M | $1.9M | 50x | as long as short |
| Ondo Perps US100-USD.P | +0.0118% | 1h | 30,595 | +0.048% | $6.0M | $8.5M | 25x | as long as short |
| Kraken Futures PF_US100USDshort | +0.2797% | 1h | 30,601.1 | +0.068% | $131K | $129K | 20x |
Vest NDX-USD-PERP
Paradex US100-USD-PERP
Polymarket Perps NAS100-USD
Ondo Perps US100-USD.P